Rabbit in a Hat šŸ°šŸŽ©: IG Group

Greetings, dear friends!

We are delighted to introduce yet another engaging article from our captivating series, the Forex/CFD Industry Employers Review. It's important to note that these articles are not promotional pieces or paid endorsements. Our mission is to gather information from trustworthy sources and offer an impartial evaluation of each employer, contributing to an unbiased and comprehensive repository of insightful reviews within the Forex/CFD industry. 

Let's take a look at our Rabbit in a Hat:

 

IG Group

IG Group is a leading global provider of online trading services, offering access to a wide range of financial markets including forex, indices, shares, commodities, cryptocurrencies, and more. 

Founded in 1974 as Investors Gold, the company has evolved over the decades to become a pioneering force in the world of online trading.

Headquartered in London, IG Group has established itself as a trusted and regulated broker, operating in multiple jurisdictions around the world. With a strong presence in major financial centers including the UK, Europe, Australia, Japan, and Singapore, IG Group serves over 239,000 active clients globally.

IG Group boasts a global workforce of over 2,500 employees spread across 18 locations spanning five continents. This expansive network enables employees to work on a diverse range of brands and products, offering thousands of opportunities for career growth and development. With a client base exceeding 400,000, IG Group remains a dynamic and vibrant workplace, where individuals from around the world come together to drive innovation and excellence in the financial industry.

Throughout its history, IG Group has consistently prioritized innovation and technological advancement. The company was one of the first to offer online trading platforms, revolutionizing the way individuals access and participate in financial markets. Over the years, IG Group has continued to invest heavily in technology, providing clients with state-of-the-art trading tools and platforms designed to enhance their trading experience.

IG Group has received numerous awards and accolades for its commitment to excellence in the financial industry. These include recognition for Best CFD Provider, Best Forex Provider, and Best Spread Betting Provider, among others. These awards reflect IG Group's dedication to delivering high-quality trading services and solutions to its clients.

In terms of milestones, IG Group has achieved several significant accomplishments throughout its history. In 2000, the company launched its online trading platform, marking a pivotal moment in the evolution of retail trading. In 2005, IG Group was listed on the London Stock Exchange, further solidifying its position as a leading player in the financial markets.

In recent years, IG Group has expanded its product offering and geographic reach, cementing its status as a global leader in online trading. In 2020, the company introduced IG Prime, a new offering aimed at institutional clients, demonstrating its commitment to serving a diverse range of market participants.

Overall, IG Group's history is characterized by innovation, growth, and a relentless focus on client satisfaction. With its headquarters in London and a global presence spanning multiple continents, IG Group continues to shape the future of online trading.

But let's not stop there! We have uncovered the secret behind Oanda's magical allure on LinkedIn!

 

LinkedIn

Website https://www.ig.com/ 

Company size 1,001-5,000 employees (770 on LinkedIn)

Headquarters London , England

At first glance, the company's LinkedIn presence may seem sparse and underutilized. However, upon closer inspection, there's more than meets the eye. While the main IG broker page showcases 6,000 followers and no open vacancies, a visit to the parent company's IG Group page reveals a robust employer profile with a variety of post types, job openings, and even a Life section—an uncommon find. Moreover, affiliated pages linked to the parent company include around 20 brokerage pages catering to different regions.

The company's LinkedIn strategy incorporates diverse post types, including:

 

  • Educational Content: Sharing insights, market updates, and trading tips to educate followers.
  • Employee Spotlights: Highlighting individual team members, their roles, and contributions to the company.
  • Company News and Updates: Announcing new product launches, partnerships, and other significant developments within the organization.
  • Job Postings: Regularly posting open positions to attract talent and grow the team.
  • Culture and Life at IG Group: Showcasing the company culture, values, and perks through behind-the-scenes glimpses, employee testimonials, and event coverage.

By leveraging various post types and maintaining an active presence across multiple pages, IG Group maximizes its LinkedIn platform to engage with followers, attract talent, and strengthen its employer brand.

"Life" section provides a glimpse into C-level management, company highlights, and employee stories. This section features video tours of the company from an employer's viewpoint and direct links to relevant sections of the IG career website. It serves as an ideal space for potential candidates to delve into the company's culture and opportunities.

Here you can check open positions in the IG Group Linkedin page.

Let us now turn our gaze to the magical realm of Glassdoor!


Glassdoor

Number of reviews 203

Rating on the site 3,9/5,0

If we look at the company solely through the lens of employee reviews, the rating is below 4. This average rating doesn't particularly stand out in terms of positivity. However, when we consider this rating in terms of its trend dynamics, the picture becomes very positive.

69% of the employees would enthusiastically recommend IG  as a workplace to their peers, showcasing a highly satisfying and enjoyable employee experience. The survey also reveals that 56% of respondents have a positive outlook on the business's future, indicating optimism and confidence in the company’s direction. Furthermore, an overwhelming 82% of the workforce express approval of the CEO, a notable achievement that stands out as the highest among all firms in the sector. This exceptional CEO approval rate deserves particular emphasis.

We'd like to highlight the upward trend in ratings, which has been steadily increasing over the past two years. This upward trend is undoubtedly encouraging and may be attributed to the company's thorough cultivation of corporate culture, employee benefits system, transparent management approach, and clear yet ambitious goal-setting.

On Glassdoor, IG has garnered a variety of employee reviews, reflecting both positive and negative aspects of the company as an employer.

Pros:

  • Strong Company Culture: Employees praise the company's inclusive and supportive culture, with many noting the camaraderie among colleagues.
  • Opportunities for Growth: Several reviewers mention ample opportunities for career development and advancement within the company.
  • Competitive Benefits: IG Group offers competitive benefits packages, including health insurance, retirement plans, and generous vacation time.
  • Innovative Environment: Many employees appreciate the company's commitment to innovation and cutting-edge technology in the financial industry.

Cons:

  • Work-Life Balance Challenges: Some employees express concerns about maintaining a healthy work-life balance, citing long hours and high-pressure environments.
  • Communication Issues: Several reviewers mention challenges with communication within the company, particularly between different departments or teams.
  • Limited Remote Work Options: A few employees feel that the company could improve its flexibility regarding remote work arrangements.
  • High Turnover in Some Departments: There are reports of high turnover rates in certain departments, which can lead to disruptions and challenges for remaining staff members.

In summary, Glassdoor reviews for IG Group reflect a predominantly positive sentiment regarding the company's culture, growth opportunities, benefits, and commitment to innovation. Employees appreciate the supportive environment and ample chances for career development. However, concerns about work-life balance, communication issues, limited remote work options, and occasional high turnover rates in certain departments are areas for potential improvement. Overall, IG Group appears to be a reputable employer with a strong foundation, but ongoing efforts may be needed to address some employee concerns and further enhance the overall employee experience.

 

Where to look for company vacancies?

The company shares its magic and open positions through its LinkedIn page and Career website.  

Note: You can set alerts for new vacancies!

*We hope our mystical journey through IG's Rabbit in a Hat has provided you with insights into the magical realm of this esteemed employer. If you wish to enhance your own powers and seek the assistance of our team to strengthen your resume, introduce you to the employer, and prepare for the job interview, you can write to us by email at jk@finwizard.org. May your path be illuminated with success and enchantment as you navigate the ever-changing landscapes of the Forex/CFD industry.